Let’s get serious about pension reform

March 13, 2019

However, if she makes $135,000 in her new position, and works in the Lamont administration for only three years, her average pay for pension purposes will jump to $135,000 per year. … Instead of the state needing $350,000 to fund her pension, it will need to come up with $1,350,000. With this one appointment alone, state actuaries will have to add about a million dollars to the state’s pension liability.”

Read the full article on: The CT Mirror (Connecticut)

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